Date: April 2013Labeled: Owner User SalesSize: 8,600 SFCity: Walnut Creek This was an owner user sale financed using SBA. For the Buyer, we prepared a “lease versus buy” analysis and extensive project planning, to pre-underwrite the offer. Buyer agreed to completely redesign and renovate the...
Date: May 2010Labeled: Owner User SalesSize: 18,800 SFCity: Concord This was an off market sale. The property was a foreclosure to a private lender and then was sold to an owner user. Eric Erickson represented both sides. Buyer purchased the property using SBA...
Date: February 2008Labeled: Owner User SalesSize: 5,900 SFCity: Walnut Creek This was a double escrow for which Eric Erickson represented the final Buyer. Purchaser’s alternative was an office condominium in better condition, but selected the fee simple ownership in land. Property required extensive rehabilitation. We coordinated an extensive feasibility study by engaging outside experts to advise on...
Date: November 2001Labeled: Owner User SalesSize: 1,900 SFCity: Lafayette Buyer converted the entire property to a full service salon. Owner user sale. The sale required an early termination of a tenant. The previous uses were offices. Eric Erickson represented the...
Date: July 2013Labeled: Leasing Services, Owner User SalesSize: 97,000 SFCity: Concord We were engaged to list the property for lease by the lender who foreclosed on the property. The Buyer was a tenant we represented in a previous sale, relocation, and lease renewal. Buyer made an unsolicited offer to purchase the property. This was just prior to the property being listed for sale in a large...
Date: July 2009Labeled: Owner User SalesSize: 11,000 SFCity: Pleasant Hill Buyer was an owner user. Sale was a plug and play which included furniture and phones. It was approximately 10,579 sqft of useable office space and 1,086 sqft of warehouse/ storage space. The Seller had an approval with the City of Pleasant Hill to expand the building by 8,000 sqft of office and add an elevator. The Buyer needed...
Date: June 2014Labeled: Investment Sales, Owner User SalesSize: 60,000 SFCity: Walnut Creek We started this assignment consulting with the Landlord on the leasing market two years prior to the lease expiration of the single tenant. Leasing activity was very slow in this sub-market. Vacant spaces could sit for years. After losing the existing single tenant, the Landlord authorized us to widely market the...
Date: February 2002 Labeled: Leasing Services, Owner User Sales Size: 7,700 SF City: ConcordWe started on this assignment leasing the building for the landlord. Leasing activity was very slow in this sub-market. The Buyer initially offered to lease the premises, then later offered a price on the property. This was an owner user sale. Property had some construction defects from the exterior...
Date: March 2005Labeled: Owner User SalesSize: 30,000 SFCity: Concord Website: Click Here It was a double escrow from Harvest Partners, who purchased the property from Old Republic and resold it to Cal State 9 Credit Union (owner user sale). Old Republic Title Company was the initial Seller. Eric Erickson represented the final...
Date: August 2005Labeled: Investment Sales, Owner User SalesSize: 16,000 SFCity: Walnut Creek Website: Click Here Seller occupied nearly all of the property. Buyer was a mortgage broker who purchased the property as an Owner user. The property was severely under-parked with only 2/1,000 parking. The building was valet served. Adjacent properties were also parked below the commonly accepted office...
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